Childress Capital Advisors LLC increased its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 427.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 18,308 shares of the specialty retailer’s stock after purchasing an additional 14,837 shares during the quarter. Childress Capital Advisors LLC’s holdings in O’Reilly Automotive were worth $1,974,000 as of its most recent SEC filing.
Several other hedge funds have also recently modified their holdings of the company. Park Avenue Securities LLC grew its holdings in shares of O’Reilly Automotive by 18.8% in the third quarter. Park Avenue Securities LLC now owns 30,515 shares of the specialty retailer’s stock valued at $3,290,000 after acquiring an additional 4,823 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. boosted its position in O’Reilly Automotive by 65.8% in the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 746 shares of the specialty retailer’s stock worth $80,000 after purchasing an additional 296 shares during the last quarter. Cerity Partners LLC grew its stake in O’Reilly Automotive by 2.0% in the 3rd quarter. Cerity Partners LLC now owns 226,672 shares of the specialty retailer’s stock valued at $24,437,000 after purchasing an additional 4,387 shares during the period. Grandview Asset Management LLC grew its stake in O’Reilly Automotive by 75.9% in the 3rd quarter. Grandview Asset Management LLC now owns 4,400 shares of the specialty retailer’s stock valued at $474,000 after purchasing an additional 1,899 shares during the period. Finally, Kathmere Capital Management LLC increased its position in shares of O’Reilly Automotive by 5.6% during the 3rd quarter. Kathmere Capital Management LLC now owns 15,947 shares of the specialty retailer’s stock valued at $1,719,000 after purchasing an additional 850 shares during the last quarter. Institutional investors own 85.00% of the company’s stock.
Analysts Set New Price Targets
A number of equities analysts recently weighed in on the stock. The Goldman Sachs Group set a $121.00 price target on shares of O’Reilly Automotive and gave the stock a “buy” rating in a report on Friday, October 24th. UBS Group restated a “buy” rating and set a $120.00 price target (up previously from $115.00) on shares of O’Reilly Automotive in a research note on Wednesday, October 15th. Royal Bank Of Canada set a $110.00 price target on shares of O’Reilly Automotive and gave the stock an “outperform” rating in a report on Friday, October 24th. Raymond James Financial raised O’Reilly Automotive from a “market perform” rating to an “outperform” rating and set a $105.00 price objective for the company in a report on Wednesday, November 5th. Finally, Mizuho set a $112.00 target price on O’Reilly Automotive in a research report on Monday, October 20th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $112.05.
O’Reilly Automotive Trading Down 0.2%
O’Reilly Automotive stock opened at $90.39 on Wednesday. The firm has a 50 day simple moving average of $95.67 and a 200 day simple moving average of $98.40. O’Reilly Automotive, Inc. has a 1-year low of $79.58 and a 1-year high of $108.71. The firm has a market capitalization of $76.30 billion, a price-to-earnings ratio of 31.31, a P/E/G ratio of 1.92 and a beta of 0.63.
O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last posted its quarterly earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.02. The firm had revenue of $4.71 billion during the quarter, compared to analyst estimates of $4.69 billion. O’Reilly Automotive had a negative return on equity of 206.86% and a net margin of 14.23%.The business’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same period last year, the company earned $11.41 earnings per share. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. On average, equities research analysts forecast that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.
Insiders Place Their Bets
In other news, SVP Christopher Andrew Mancini sold 2,355 shares of the firm’s stock in a transaction that occurred on Wednesday, November 26th. The shares were sold at an average price of $101.31, for a total value of $238,585.05. Following the completion of the transaction, the senior vice president directly owned 28 shares in the company, valued at approximately $2,836.68. This trade represents a 98.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Philip M. Hopper sold 3,500 shares of the business’s stock in a transaction that occurred on Wednesday, November 26th. The shares were sold at an average price of $101.25, for a total transaction of $354,375.00. Following the transaction, the senior vice president directly owned 4,792 shares of the company’s stock, valued at approximately $485,190. This represents a 42.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 8,980 shares of company stock worth $882,335 in the last quarter. 1.01% of the stock is owned by company insiders.
About O’Reilly Automotive
O’Reilly Automotive, Inc is a leading retailer and distributor in the automotive aftermarket, supplying parts, tools, supplies and accessories for both professional service providers and do‑it‑yourself (DIY) customers. The company’s product assortment covers replacement parts, maintenance items, performance parts, collision components and shop equipment, complemented by diagnostic tools, batteries, chemicals and consumables. O’Reilly serves customers through company-operated retail stores, commercial sales programs for repair shops and maintenance fleets, and digital channels that support parts lookup, ordering and fulfillment.
The company operates a broad supply chain that includes regional distribution centers to support rapid replenishment of store inventory and commercial deliveries.
Recommended Stories
- Five stocks we like better than O’Reilly Automotive
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- Do not delete, read immediately
- This stock gets a 94 out of 100
- Punch these codes into your ordinary brokerage account
- Ticker Revealed: Pre-IPO Access to “Next Elon Musk” Company
Want to see what other hedge funds are holding ORLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report).
Receive News & Ratings for O'Reilly Automotive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for O'Reilly Automotive and related companies with MarketBeat.com's FREE daily email newsletter.
